RALEIGH, N.C. (WTVD) -- Some small business owners in the Triangle say the latest round of tariffs from the White House could affect their bottom lines. On Thursday at 12:01, tariffs ranging from 10% to 41% officially hit 70 countries, including major US trading partners such as China, India and Canada.
Some of those penalties could still be subject to change. India, for example, now faces 25% tariffs, but those are expected to rise to 50% as punishment, according to President Donald Trump, for India's decision to continue purchasing Russian oil throughout the war in Ukraine.
Even if the current tariffs hold steady, business owners say they're going to hurt.
"I can't charge $30 for a chocolate bar, I can't raise your price three times and leave us in this weird spot where we have t